The Nigerian Civil Aviation Authority has lifted the ban placed on Boeing 737 MAX aircraft with effect from February 12, 2020, the authority has said. The development was disclosed in […]
Business
Fear Of Inflated Prices Pushed Bitcoin Into Highest Monthly Crash
Bitcoin dropped by over $5,000 on Monday over worries that the crypto currency prices are highly over-inflated. The Crypto-Currency dropped by eight per cent to $53,000, from the $58,000 which […]
African Airlines Posted Strongest International Growth In 2020- IATA
The International Air Transport Association said African airlines posted the strongest international growth compared to other regions in 2020 despite the Covid-19 induced restrictions. The airline industry trade body said […]
NACCIMA, MAN Urges NSE To Reduce Listing Requirement For SMEs
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture; and the Manufacturers Association of Nigeria have called on the Nigerian Stock Exchange to lower listing requirements for Small […]
NESG Describes Closure Of Land Borders As Wrong Policy Choice –Report
The Nigeria Economic Summit Group (NESG) has advised the Federal Government to always consider its economic policy choices, before taking decision, in order to fast track economic growth, its recently […]
Reps Laud NIRSAL MD On Agribusiness Transformation
The Public Accounts Committee of the House of Representatives has expressed satisfaction with the service delivery of the Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL). The House […]
At Doha, Baru Speaks On Natural Gas As Stimulus For Economic Dev’t In Africa
The Nigeria National Petroleum Corporation has stated that Natural gas is a critical resource that would play a leading role in the march towards economic growth and development of Africa. […]
Russian Bank Mistakenly Grants $12 billion Loan To Central African Republic
Central African Republic landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent the country 12 billion dollars. However, the bank then […]
Economic Instability Threatens $1.3bn American Businesses In Nigeria – US Consul-Genera
United States Consul-General in Nigeria, F. John Bray, has said that $1.3 billion American businesses in Nigeria are under threat as result of instability in the exchange rate, policy inconsistency, […]
Senate Ask CBN To Suspend Illicit and Excessive Bank Charges on Nigerians
Today, the Nigerian Senate passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend the excessive ATM card maintenance charges being deducted from customers. This resolution came […]